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Has the Michigan Wholesale Cannabis Market Begun to Stabilize?

August 31, 2022

The Michigan Cannabis Regulatory Agency (CRA) reported July 2022 data recently, detailing sales, licensing, and production in the state’s adult use and medical cannabis markets. Combined adult use and medical sales were $209.9 million, up […]

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Oklahoma Cannabis Tax Collection Continues to Decline

August 23, 2022

The Oklahoma Medical Marijuana Authority (OMMA) published July 2022 tax collections, allowing Cannabis Benchmarks to extrapolate sales made in June 2022 in the state’s medical cannabis program. June 2022 sales, at $60.1 million, were down […]

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How is the New Jersey Adult Use Marijuana Market Faring?

August 16, 2022

New Jersey sent out updated information for the state’s medical cannabis market; there are 125,674 patients in the program, along with 5,038 caregivers and 1,461 doctors certified to recommend medical cannabis. To get a better […]

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Will Oregon Cannabis License Sales Be Coming Under More Scrutiny?

August 9, 2022

The Oregon Liquor and Cannabis Commission (OLCC) issued a press release regarding the sale of cannabis businesses last week. According to the statement, the OLCC is looking to take steps to limit the ability of […]

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Oklahoma Officials Crack Down on Illegal Marijuana Licensing Schemes

August 2, 2022

The Oklahoma Medical Marijuana Authority (OMMA) has reduced the number of cultivator licenses by 21.8% since December 2021 as OMMA cracks down on improper licensing, including those licenses that failed to fill out a foreign […]

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Outlook for Humboldt County Cannabis Operations

July 27, 2022

Eradicating California’s cultivation tax has raised some hopes in Humboldt County, but growers will reap only partial benefits according to Jesse Duncan, Humboldt native, commercial cannabis farmer, and consultant to cannabis businesses. He said he […]

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Impact of Michigan Adult Use Cannabis Legalization on State Medical Cannabis Market

July 19, 2022

While medical cannabis became legal in Michigan in 2008, it was not until 2018 that the state began to license and regulate such businesses; sales out of officially sanctioned medical dispensaries only began in October […]

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Why are Illinois Wholesale Cannabis Prices So High?

July 12, 2022

The Illinois Department of Financial and Professional Regulation (IDFPR) issued June 2022 adult use sales data this week. Combined sales to in-state and out-of-state residents, at $126.8 million, are down 2.3% from $129.8 million in […]

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California Cannabis Cultivation Tax on the Way Out

July 5, 2022

California’s AB 195 has passed the Legislature and is headed to Governor Gavin Newsom’s office, where it is expected to be signed into law. Of particular interest to California cultivators, the Bill will do away […]

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Arizona Cannabis Sales Update

June 29, 2022

The Arizona Department of Revenue (ADOR) published cannabis tax collections and estimated sales information for April 2022. Combined adult use and medical sales were $122.4 million in April, down 8.8% from an upwardly revised $134.3 […]

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